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Dear Sir, David Burt has announced two separate strategic defences to the leaked Paradise Papers, with the more recent being the “Bermuda Standard”, which I assume is touted to be equivalent or better than the gold standard. The first strategy failed...

Bermuda’s re/insurers have paid out a staggering $208.7 billion to US customers alone over the past 20 years. And the industry is paying out a further $31.2 billion in relation to this year’s major hurricanes, Harvey, Irma and Maria, for which the is...

The United States moved a step nearer to enacting a sweeping overhaul of its tax system yesterday, as the House of Representatives approved a Bill that could have repercussions for Bermuda’s international business sector. The House voted 227 votes to...

US companies that make billions of dollars from patents and other intellectual property held offshore would be eligible for a special 12.5 per cent tax rate on those earnings under the Senate tax plan. That’s a potential “gold mine” for some multinat...

First, the information in the Paradise Papers — aimed in title at demeaning small Caribbean jurisdictions — is stolen. In an age of cyberwarfare, when Russia is on the prowl using cyberattacks, I find it troubling that global media outlets are using ...

In the wake of the Paradise Papers, I am sure there is no shortage of people on your island who have opinions on how your government and legal community should move forward in light of the recent revelations that placed you in the spotlight of the wo...

David Burt called for a “chorus of unity” in the wake of the Paradise Papers yesterday. The Premier told MPs that he was confident Bermuda’s reputation would survive the recent revelations contained in the hacked documents. He said: “The reports of B...

Legislation will soon tackle unfair debt collection, home affairs minister Walton Brown told MPs yesterday. The Fair Debt Collection Practices Act under development will cover cases such as credit card bills, auto and personal loans, mortgages and me...

Leading figures from international business have come out in Bermuda’s defence after a blitz of unfavourable media coverage based on hacked data from law firm Appleby. The group, which includes Patrick Tannock, chairman of the Association of Bermuda ...

Dear Sir, I saw David Burt’s interview with Sky News last night here in London. Although confident and holding firm to the regulatory regime of the Bermuda Monetary Authority, the Premier’s answers will lead to more probative questions than satisfact...

The European Union expects to draw up a blacklist of tax havens by the end of next month — and potential sanctions are being considered against those on it. Finance ministers from the 28-country bloc met in Brussels this week and the “Paradise Papers...

A former Bermuda premier predicted yesterday that under-siege law firm Appleby may not survive after confidential company information was hacked in a massive cyberattack. Michael Dunkley, who led the country as One Bermuda Alliance premier until July...